Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
A long time coming but well worth waiting for. Now let's break through the 180's then 200.
Hey, GS. What was point 5 again??? LOL!! MMs will be filling their boots but we'll recover. All this happened 5 years ago?
Am I alone in thinking that Peel Hunt's remarks are total nonsense. OK, maybe the Pig's popularity in theUK and Europe is being tested but she has been around for over 10 years. Right now we are entering new markets, US, China, Russia, big countries with populations that dwarf ours and she's taking off. If sahe stays popular there for 10 years as she has done here then she's creating a multi BILLION pound industry and with it a decent rise in the ETO SP. Peel Hunt seem to be on a shorting mission. Can anyone support their views and explain?
Cheers Chequemate. Nice to know that. ALU has had a good run of late so I think that some may be prudently taking profit here following that RNS. If I had been in a while that would probably have been my action yesterday. However, I wasn't but I am now and hoping for a burst back through 200 shortly and onwards and upwards after that.
I was really tempted yesterday but the spread put me off, fortunately. I've got a fartly tight stop on but I think the dip was probably to let someone in on the cheap while they had a chance. I was looking at a rise to 230/240 before the AGM statement and I really can't see that much has changed. Been proven wrong in the past though so DYOR and GLA
Couldn't resist. May take a while to recover.
Probably this element from today's RNS didn't help: We have seen some evidence that capacity constraints within the construction industry generally have caused delay to some projects. While this may have an impact on timing, we continue to believe that management's expectations for the group's full year financial performance will be achieved. http://www.investegate.co.uk/alumasc-group-plc--alu-/rns/agm-statement/201510220700050318D/ but, overall, they seem confident overall for the future. Maybe a buying opportunity?
I know some of you don't believe in MM manipulation but they're in it to make money just like us. What was the reason for that dramatic price drop a week or so ago? Nothing has come to light by way of news and OPAYs RNS told us nothing new. MMs work the price to their (and their friends) advantage and his will continue until we get the relative security of a main market listing. Trade AIM and invest in the Main.
Over 95% take up, not bad at all and it looks like there are very frw sellers of their RI shares so, fingers crossed, we should start to rise now through to next set of results and more good news.
Stupidly, I thought that we had seen an end to the MMs antics. Obviously not. They sure know how to play the psychological games. I'm topping up whilst they let their mates in. And the spread bet's back in play too. Thanks MMs.
No bad news about, (all good as far as I can see), so probably profit taking. This has been flying of late and there's an awful lot of cheap good stock out there to be had. I must admit to selling some in the 180s but I have just bought back in as 200+ will be on the cards soon I think.
I am expecting the RI to be fully taken up here so I'm topping up big time at these silly prices. Also expect SP to fly once it's all completed. If it doesn't then another takeover bid is in the offing so, either way, I think we're on a winner (all IMHO of course)
If you're talking IWeb then you will get an e-mail referring to a notice in your 'Important Notifications' box telling you what you need to do. I beleive that Nil Rights will be issued on Monday and can be traded as such. You will be asked if you want to take up your allotment and, if so, whether you want to fund it with cash or by selling some existing holding to pay for them. You can sell the nil rights any time but you'd only get the difference in value and this is likely to be well short of the amount should you buy ouright and sell later.
I do believe we are now on the brink of a breakout. Too much good news to hold us back now. With more to come 200p by end of year looks likely and when that is broken your 242 becomes a reality.
Whirlpool have dropped out leaving Middleby's 185p offer accepted by BoD
Anyone got current resistance level figures handy?
Hi Guys. Just walked in the door and very pleasantly greeted by the action here. Fortunately I missed all that China business. Went away at just the right time it seems. Luckily I had no news or internet access otherwise I don't know what I would have done. Looks like MMs are now going to have to be very careful here going forward. Seems CEO has intimated they may, possibly, be up for a bid if the price is right. Am I reading that right? Wouldn't any prospective buyer want OPAY before it hit the Main Market? All hypothetical I know but does anyone have any experience of this type of situation?
With you there. Just waiting for a plateau in the fall. Summer + AIM = good opportunities.
Quite honestly, for this SP to be holding up so well in the current market conditions says everything for me. It is THE prime opportunity for MMs to play it for all it's worth but they are not doing so.
Actually, I am back in sunny Barca, 25 degrees and a bit cloudy. It was hell as the Atlantic wasn't very calm and my Client hadn't booked me any accommodation over there or a flight back. I threatened to sleep in his executive quarters on the yacht but he didn't like that idea. I didn't want the job anyway so it's the last time I'll sail for him. Still, nice quiet trip from Monaco to a remote Greek island on Sunday, weather permitting. I reckon the MMs may be stocking up with shares in preparation for the coming weeks. They're going to have a big payday here too.